Calculate the accounts receivable period for a firm with annual credit sales of $10 million and average accounts receivable of $2 million.

Name: Calculate the accounts receivable period for a firm with annual credit sales of $10 million and average accounts receivable of $2 million.
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The accounts receivable period is calculated as (Average Accounts Receivable / Annual Credit Sales) * 365. For this firm, it is ($2 million / $10 million) * 365 = 73 days.

Calculate the Accounts Receivable Period for a Firm with Annual